Triangle Energy (Global) Limited (AU:TEG) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Triangle Energy (Global) Limited, alongside its joint venture partners, is on track to complete the well pad for the Becos-1 exploration well in the Perth Basin by the end of December, with drilling anticipated to start in March 2025. The exploration targets potential resources ranging from 1 to 21 million barrels, with a 20% chance of success. This development marks an exciting opportunity for investors interested in the energy sector.
For further insights into AU:TEG stock, check out TipRanks’ Stock Analysis page.